With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, SGEN triggered long (with market support) and didn’t work:
In the Messenger, Rich’s BIDU triggered short (without market support due to opening five minutes) and didn’t work:
His FFIV triggered long (with market support) and worked enough for an easy partial:
His GS triggered long (with market support) and didn’t work on the trigger, worked later:
NFLX triggered long (with market support) and worked:
Rich’s IBM triggered short (without market support) and worked a little:
In total, that’s 4 trades triggering with market support, 2 of them worked, 2 did not.
